UNSPSC 64101906: Inventory loan

A short-term loan made to a company based on the value of its products for sale. Those products, or inventory, serve as collateral for the loan if the business does not sell its products and cannot repay the loan.

UNSPSC 64101906 Inventory loan, a Commodity code, encompasses revolving loan funds, loan administration services, and loan servicer operations that state and local governments deploy to finance affordable housing, economic development, and municipal infrastructure projects. State and local procurement under this code reflects a mix of revolving-fund administration for nonprofit homeownership developers, mortgage loan servicing for housing programs, underwriting and technical support for construction or brownfield cleanup lending, debt collection operations, and grant-administration consulting—a broader portfolio than the code name alone suggests. Issuing bodies include state housing finance commissions, counties, cities, school districts managing student-aid disbursement, and special-purpose districts seeking to leverage federal and state capital. Washington State Housing Finance Commission appears as a repeat buyer, posting solicitations for fund administration, loan servicer operations, and related roles. Geographic activity concentrates in Washington State, Connecticut, Florida, Wisconsin, Georgia, and Michigan, with recent notices from the Washington State Housing Finance Commission, Pinellas County (Florida), Salt Lake City, New London (Connecticut), Madison Metropolitan Sewerage District (Wisconsin), the City of Calhoun (Georgia), and state enterprise services procurement offices.

Representative recent opportunities include the Washington State Housing Finance Commission's solicitation (202609ADM, due November 2, 2026) for an Affordable Homeownership Revolving Construction Catalyst Fund Administrator to manage a $10 million Program-Related Investment serving nonprofit homeownership developers across five rural Washington counties, with an RFP due-date response model; the Pinellas County School District's solicitation (25HO078, due January 8, 2026) for a Title IV Third Party Servicer to process federal Pell Grant programs and manage financial aid disbursement through electronic bidding; Pinellas County's loan administration services procurement (260643ITQ, due June 30, 2026) on a non-competitive basis for mortgage loan portfolio servicing; the City of New London, Connecticut's solicitation (202618CONL, due July 16, 2026) for EPA Brownfields Revolving Loan Fund underwriting services, with fixed-fee pricing by loan size tier and hourly rates for additional services; and the Washington State Department of Enterprise Services' competitive debt collection solicitation (11425, due October 20, 2026, with pre-bid on September 15) establishing a statewide master contract pool open to state agencies, counties, municipalities, and tribes across three collection categories, with awards to multiple contractors and pricing firm through the 24-month term. CDFI certification, minimum five years' experience in construction lending or loan administration, and demonstrated capacity to serve low-to-moderate-income borrowers or underserved populations are common qualification thresholds.